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As many as seven malicious Android apps discovered on the Google Play Store masqueraded as antivirus solutions to deploy a banking trojan called SharkBot.

“SharkBot steals credentials and banking information,” Check Point researchers Alex Shamshur and Raman Ladutska said in a report shared with The Hacker News. “This malware implements a geofencing feature and evasion techniques, which makes it stand out from the rest of malwares.”

Particularly, the malware is designed to ignore users from China, India, Romania, Russia, Ukraine, and Belarus. The rogue apps are said to have been installed more than 15,000 times prior to their removal, with most of the victims located in Italy and the U.K.

The report complements previous findings from NCC Group, which found the bankbot posing as antivirus apps to carry out unauthorized transactions via Automatic Transfer Systems (ATS).

images from Hacker News